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Uniqlo’s owner pushes deeper into North America with GU brand

Business / Corporate Aug 5, 2022

Uniqlo’s owner pushes deeper into North America with GU brand

by Kanoko Matsuyama

Fast Retailing will open its first GU store in the United States, adding to its outlets in the country as the Uniqlo owner seeks a greater presence in the North American market.

Uniqlo owner Fast Retailing sees record profit on weak yen and sales boom

Business / Corporate Jul 15, 2022

Uniqlo owner Fast Retailing sees record profit on weak yen and sales boom

by Kanoko Matsuyama

The weaker currency, which just hit a fresh 24-year low against the dollar, is boosting the income the company brings back home.

Uniqlo to raise prices for autumn and winter clothing

Business / Corporate Jun 8, 2022

Uniqlo to raise prices for autumn and winter clothing

The Fast Retailing unit will raise the price of many popular fleece products to ¥2,990 from ¥1,990 in the previous year.

Japan’s aging billionaires think they are indispensable. That’s a problem.

Commentary / Japan Apr 29, 2022

Japan’s aging billionaires think they are indispensable. That’s a problem.

by Gearoid Reidy

Japan's aging and hard-working corporate founders don’t know when to walk away.

Japanese firms hit by COVID lockdown in Shanghai

Business Apr 18, 2022

Japanese firms hit by COVID lockdown in Shanghai

The lockdown is forcing Japanese retailers to halt operations in Shanghai, while Japanese manufacturers have also been affected by supply-chain disruptions.

Uniqlo owner expecting big drop in China profit due to COVID restrictions

Business / Corporate Apr 14, 2022

Uniqlo owner expecting big drop in China profit due to COVID restrictions

by Rocky Swift

Fast Retailing is a bellwether for how major global retailers are being impacted by pandemic-related shutdowns in China, one of the biggest growth markets for many Western brands.

Uniqlo pressured to halt Russia sales after CEO vows to stay

Business / Corporate Mar 9, 2022

Uniqlo pressured to halt Russia sales after CEO vows to stay

by Kanoko Matsuyama

Comments defending the decision by CEO Tadashi Yanai have drawn criticism, with some social media users pushing the hashtag #BoycottUniqlo.

Uniqlo owner pledges to stay in Russia as wave of companies exit

Business / Corporate Mar 7, 2022

Uniqlo owner pledges to stay in Russia as wave of companies exit

by Kanoko Matsuyama

Fast Retailing Co., Asia’s largest retailer and parent of Uniqlo, will continue to operate in Russia.

Fast Retailing September-November net profit climbs on strong Uniqlo demand

Business Jan 13, 2022

Fast Retailing September-November net profit climbs on strong Uniqlo demand

Fast Retailing Co. said Thursday its net profit in the September to November period rose 33% from a year earlier to ¥93.59 billion ($820 million).

Kishida's adviser eyes human rights guidelines for supply chains

Business Dec 2, 2021

Kishida's adviser eyes human rights guidelines for supply chains

Nakatani explained that possible legislation of a Japanese version of the United States' Magnitsky Act should be initiated by lawmakers.

Uniqlo keeps Swedish athletes warm at the 2022 Beijing Olympics

Video / Sports Nov 11, 2021

Uniqlo keeps Swedish athletes warm at the 2022 Beijing Olympics

Uniqlo and Sweden keen on podium return after extending partnership

Olympics Sep 15, 2021

Uniqlo and Sweden keen on podium return after extending partnership

by Dan Orlowitz

The Nordic nation's Olympic and Paralympic teams became the first outside Japan to be supplied by the fast fashion retailer during the Tokyo Games.

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